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First of Long Island (First of Long Island) Cash Flow from Operations : $32.16 Mil (TTM As of Dec. 2023)


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What is First of Long Island Cash Flow from Operations?

Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Dec. 2023, First of Long Island's Net Income From Continuing Operations was $6.06 Mil. Its Depreciation, Depletion and Amortization was $1.45 Mil. Its Change In Working Capital was $10.38 Mil. Its cash flow from deferred tax was $-0.70 Mil. Its Cash from Discontinued Operating Activities was $0.00 Mil. Its Asset Impairment Charge was $0.00 Mil. Its Stock Based Compensation was $-0.26 Mil. And its Cash Flow from Others was $0.85 Mil. In all, First of Long Island's Cash Flow from Operations for the three months ended in Dec. 2023 was $17.78 Mil.


First of Long Island Cash Flow from Operations Historical Data

The historical data trend for First of Long Island's Cash Flow from Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First of Long Island Cash Flow from Operations Chart

First of Long Island Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Flow from Operations
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.99 46.04 50.78 51.42 32.16

First of Long Island Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash Flow from Operations Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.22 5.67 0.49 17.78 -

First of Long Island Cash Flow from Operations Calculation

Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

First of Long Island's Cash Flow from Operations for the fiscal year that ended in Dec. 2023 is calculated as:

First of Long Island's Cash Flow from Operations for the quarter that ended in Dec. 2023 is:


Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $32.16 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First of Long Island  (NAS:FLIC) Cash Flow from Operations Explanation

For companies reported in indirect method, cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

First of Long Island's net income from continuing operations for the three months ended in Dec. 2023 was $6.06 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets

First of Long Island's depreciation, depletion and amortization for the three months ended in Dec. 2023 was $1.45 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

First of Long Island's change in working capital for the three months ended in Dec. 2023 was $10.38 Mil. It means First of Long Island's working capital increased by $10.38 Mil from Sep. 2023 to Dec. 2023 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

First of Long Island's cash flow from deferred tax for the three months ended in Dec. 2023 was $-0.70 Mil.

5. Cash from Discontinued Operating Activities:
Net cash from all of the entity's discontinued operating activities.

First of Long Island's cash from discontinued operating Activities for the three months ended in Dec. 2023 was $0.00 Mil.

6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

First of Long Island's asset impairment charge for the three months ended in Dec. 2023 was $0.00 Mil.

7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

First of Long Island's stock based compensation for the three months ended in Dec. 2023 was $-0.26 Mil.

8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

First of Long Island's cash flow from others for the three months ended in Dec. 2023 was $0.85 Mil.


First of Long Island Cash Flow from Operations Related Terms

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First of Long Island (First of Long Island) Business Description

Traded in Other Exchanges
N/A
Address
275 Broadhollow Road, Melville, NY, USA, 11747
First of Long Island Corp is a holding company that provides financial services. It offers services of saving accounts, current accounts, and capital gain accounts. The company also provides lending services, such as commercial and residential mortgage loans, industrial loans, small business credit scored loans, and other credit facilities. In addition, the company provides account reconciliation services, ATM Banking, bill payment, cash management services, mobile banking, online banking, and payroll services to privately owned businesses, professionals, consumers, and public bodies. Revenue earned by the company mainly consists of the interest on loans and investment securities, fees on deposit accounts, and income from investment management.
Executives
Christopher J Hilton officer: Executive Vice President C/O SUFFOLK BANCORP, 4 WEST SECOND STREET, PO BOX 9000, RIVERHEAD NY 11901
Tanweer Sheikh Ansari officer: EVP, Internal Counsel 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Cooper John Abbott Root director 215 EAST 72ND STREET, 7W, NEW YORK NY 10021
Susanne Pheffer officer: EVP, Chief Information Officer 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Edward J. Haye director 275 BROADHOLLOW ROAD, MELVILLE NY 11747
Paul T Canarick director
Milbrey Rennie Taylor director C/O THE FIRST OF LONG ISLAND CORPORATION, 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Teagle Walter C Iii director
Michael J. Spolarich officer: EVP, Chief Credit Officer 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Christopher Becker officer: Vice President 37 COOPER LANE, EAST HAMPTON NY 11937
Janet T Verneuille officer: Executive Vice President PO BOX 3005, BRIDGEHAMPTON NY 11932
Alexander L Cover director
Michael N Vittorio director, officer: President & CEO
Jay P Mcconie officer: Executive Vice President, CFO 10 GLEN HEAD ROAD, GLEN HEAD NY 11545
Mark D Curtis officer: Sr. Vice President & Treasurer